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Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Tax Expense Explanation
In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Tax Expense Related Terms
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Tax Expense Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Tax Expense Chart
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Annual Data
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Tax Expense Calculation
Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.
Tax Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-167 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) has a Tax Expense of HK$-167 Mil as of Dec. 2025. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Tax Expense too high?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' current Tax Expense is HK$-167 Mil. Overall, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Tax Expense compare to NUE and STLD?
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' Tax Expense of HK$-167 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Steel company?
A good Tax Expense depends on the Steel industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Chu Kong Petroleum and Natural Gas Steel Pipe Holdings and its competitors. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings's current Tax Expense is HK$-167 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.22 — trading 31.2% above its estimated fair value. The current Tax Expense is HK$-167 Mil. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings' overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938), the current Tax Expense is HK$-167 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Chu Kong Petroleum and Natural Gas Steel Pipe Holdings (HKSE:01938) Overvalued in 2026?
Based on GuruFocus' analysis, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings stock appears to be overvalued.
The current stock price of HK$0.22 is trading 31.2% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Chu Kong Petroleum and Natural Gas Steel Pipe Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01938:
Tax Expense: HK$-167 Mil
GF Value™: HK$0.17 vs. price of HK$0.22 (31.2% above fair value)
No single metric tells the full story. See the HKSE:01938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd operates in the steel pipe business. The group is involved in its key revenue-generating business which is to manufacture and sell welded steel pipes and the provision of related manufacturing services. The group's steel pipes are mainly used for energy transmission including oil and gas transmission pipelines, deep-sea pipelines, city gas networks, petrochemicals, mining, infrastructure construction, offshore engineering, steel structures, and water utilities industries. Further, it is also involved in the development of properties for sale; and property investment activities. The group has a business presence in Mainland China and other countries, of which maximum revenue is derived from Africa.
46GF Score
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